Waterfront Development Opportunity
City of Rochester
Rochester, NY
With $27 million in recent public investment for the Port of Rochester, the City of Rochester is seeking proposals from qualified parties to purchase and undertake the private development of the City-owned property at 4752 Lake Avenue. The 2.8 acre property is located in the heart of the Port of Rochester and is adjacent to the recently constructed 84-slip Port of Rochester Marina. Other notable public investments recently undertaken in the Port of Rochester include construction of a riverfront promenade, reconstruction of North River Street, major improvements to the Port Terminal Building, and new pedestrian amenities.
It is the City's intention to receive proposals that will lead to the sale of the property to a developer who presents the best use/development plan and demonstrates the financial capability to undertake their plan within a reasonable time-frame. The City intends to select a development plan that will:
- Present the highest and best use for the site;
- Return the site to the tax roll and increase the City's tax base;
- Present high quality design and visually enhance the adjacent streetscapes;
- Provide uses that relate to and activate the adjacent waterfront; and,
- Create permanent job opportunities for city residents.